. >> you have jim brown talking about investors fleeing the market and the percentage of households from 2001 that have stocks or stock funs down to 46% now. i mean, is that a contrarian indicator of any kind? we make fun of these types of stories constantly. >> you see that the stock market was down? the machines are in charge. 50% of the trading and the sec is beginning to answer this question. >> sorry. i think it's funny, but yea, being look, every day you come here and there's some fiasco involving trading. >> we still haven't sorted through. we still don't know what the levels are with the ratios and kraft and the trade went off, the machine trade and people say, of course, because it's all phony and this used to be a place to raise capital. >> it still is a place to raise capital. >> no, 60% of volume have high-frequency trading. >> it is something that would be up 33% in the second. confidence has been hurt by an 11-year, no move at all in the s&p and we're up a bit this year and by so many of the trading glitches. >> no, no, was the bad -- >> no. no, that wasn't really. >> night